CGT on inherited house

Anonxxx

Registered User
Messages
13
Hi folks, can anyone give me a bit of info please. When my grandfather was alive he put my dad's name on his house so they were co owners. My grandfather passed away and now my dad is thinking of selling the house to pay off his own mortgage. The house has only been valued at 60k. I would like to buy the house and do it up. But will my father pay capital gains on this then?
 
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